Hi guys, so previous short position was closed at 1.2665 and now we can see formed uprising channel. Possible good long opportunity 1.285-1.29. I would assume that OPEC meeting tomorrow would probably hold this pair from visiting previous high 1.296, however in longer run we can expect 1.295-1.3 in very near future. Also keep in mind, PMI and unemployment data from Canada this Friday, could be bad, that might decrease more aggressive tone from BOC, that will be bullish for for this pair.
